Dark Angel 2X10 - Jensen Ackles
http://www.vbox7.com/play:45a2ca3a
Meredith Whitney - "No Doubt we have entered a Double-Dip for housing"
Interview from 21 Jun 2010
A double dip in housing is a certainty
State economies are plunging, and are $200 billion underwater, will lead to 2 million in state-level layoffs leading to a low-end impact; raising taxes at state level will impact the top-end
Retail sales have been stronger only due to consumers not paying mortgages, retail sales have already topped as is
Q2 bank results will finally catch up with accelerated mortgage foreclosures; charge-offs and delinquencies in credit cards are better due to mortgage non-payment cash flow going to other obligations, and this will soon top as well
Structural employment issues in the US won't get better any time soon.
Nonperforming loans have doubled inside the year - rotting on the banks books; Double dip for sure in housing.
(http://www.zerohedge.com/article/meredith-whitney-no-doubt-we-have-entered-double-dip-housing & http://www.cnbc.com/id/37821204)
http://financialnewsexpress.blogspot.com/2010/06/latest-from-meredith-whitney-june-21.html
http://en.wikipedia.org/wiki/Foreclosure
mortgage sale low income earner
Bank & short-sale programs
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